Gujarat is fast emerging as a powerhouse for global technology and innovation, and the latest milestone in this journey is the launch of Infineon Technologies’ Global Capability Centre (GCC) in Gift City, Gujarat. The Germany-based semiconductor giant announced its decision to establish this centre on Monday, marking a significant step in India’s growing semiconductor and technology ecosystem
A Major Boost for Gujarat’s GCC Policy
Earlier this year, on February 11, 2025, the Gujarat government introduced its GCC policy, aiming to attract ₹10,000 crore in investments, create 50,000 jobs, and establish at least 250 new GCCs in the state. Infineon’s announcement comes as the first major implementation of this ambitious plan.
During the inauguration, Gujarat Chief Minister Bhupendra Patel expressed his enthusiasm, stating, “Last month, the state government had revealed its GCC policy. In a short time, the first GCC in the state is being inaugurated.” This move underscores Gujarat’s rapid strides in becoming a preferred destination for high-tech industries
During the inauguration, Gujarat Chief Minister Bhupendra Patel expressed his enthusiasm, stating, “Last month, the state government had revealed its GCC policy. In a short time, the first GCC in the state is being inaugurated.” This move underscores Gujarat’s rapid strides in becoming a preferred destination for high-tech industries
Why Ahmedabad? Infineon’s Strategic Choice
Infineon’s decision to establish its second GCC in India at Ahmedabad—rather than traditional tech hubs like Bengaluru or Hyderabad—was a well-thought-out move.
Vinay Shenoy, MD of Infineon Technologies in India, highlighted the rationale behind this decision in an audio-visual presentation at the event. He explained, “When we began thinking about setting up Infineon’s second GCC in India, we did not want to follow the conventional path. We wanted to be part of an emerging and unique ecosystem with massive potential. Ahmedabad checked all the right boxes.”
Ahmedabad has been steadily transforming into a major tech hub, initially with fintech and now with semiconductors. The city’s rapid development, strong government policy support, and affordable living make it an attractive destination for companies looking to invest in cutting-edge technology.
Vinay Shenoy, MD of Infineon Technologies in India, highlighted the rationale behind this decision in an audio-visual presentation at the event. He explained, “When we began thinking about setting up Infineon’s second GCC in India, we did not want to follow the conventional path. We wanted to be part of an emerging and unique ecosystem with massive potential. Ahmedabad checked all the right boxes.”
Ahmedabad has been steadily transforming into a major tech hub, initially with fintech and now with semiconductors. The city’s rapid development, strong government policy support, and affordable living make it an attractive destination for companies looking to invest in cutting-edge technology.
Strengthening India’s Semiconductor Ecosystem
The newly inaugurated Infineon GCC in Gujarat will employ 400 highly skilled engineers. These professionals will play a crucial role in enhancing Infineon’s global research and development (R&D) initiatives.
CEO Jochen Hanebeck emphasized the strategic importance of India for Infineon’s growth plans, stating, “India is an important, strategic market for Infineon, presenting immense opportunities for growth. The market will become even more important in the future. We have set ourselves an ambitious target to achieve €1 billion in annual revenues in India by 2030.”
The new GCC will focus on:
CEO Jochen Hanebeck emphasized the strategic importance of India for Infineon’s growth plans, stating, “India is an important, strategic market for Infineon, presenting immense opportunities for growth. The market will become even more important in the future. We have set ourselves an ambitious target to achieve €1 billion in annual revenues in India by 2030.”
The new GCC will focus on:
- Semiconductor chip design
- Product software development
- Information technology solutions
- Supply chain management
- Systems and applications engineering
Gujarat: India’s Semiconductor Ambitions Take Shape
Infineon’s decision to establish its latest GCC in Gujarat, despite existing operations in Bengaluru, Noida, Pune, and Vadodara, marks a shift in India’s semiconductor landscape. Ahmedabad is emerging as a key tech hub, with Shenoy comparing it to “Austin” in the U.S.
This move reinforces Gujarat’s vision of becoming a leading semiconductor and technology hub, supported by strong policies, infrastructure, and government backing
This move reinforces Gujarat’s vision of becoming a leading semiconductor and technology hub, supported by strong policies, infrastructure, and government backing
Conclusion
The inauguration of Infineon’s GCC in Gift City marks a new milestone in Gujarat’s tech growth. As global firms recognize Ahmedabad’s potential, India’s semiconductor industry is set for rapid expansion, solidifying the country’s role in the global tech ecosystem.
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